SEIDMAN LAWRENCE B 4
4 · Bankwell Financial Group, Inc. · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Bankwell (BWFG) Director Lawrence Seidman Receives 1,455-Share Award
What Happened Lawrence B. Seidman, a director of Bankwell Financial Group, Inc. (BWFG), was granted 1,455 shares of restricted stock on February 9, 2026. The shares were issued at $0.00 (no cash paid) as an award under the company’s stock plan. This is a compensation award (not an open-market purchase or sale).
Key Details
- Transaction date: February 9, 2026; Form 4 filed February 10, 2026 (timely).
- Transaction type/code: Award/Grant (A).
- Shares granted: 1,455 restricted shares; price: $0.00; total cash value shown: $0.
- Vesting schedule for this grant (footnote): 485 shares vest on Feb 7, 2027; 485 on Feb 7, 2028; 485 on Feb 7, 2029.
- Other outstanding awards noted in filing:
- 1,600 shares (granted Dec 30, 2022) with 1,200 vested as of filing.
- 1,600 shares (granted Dec 29, 2023) with 1,066 vested as of filing.
- 1,800 shares (granted Feb 7, 2025) with 600 vested as of filing.
- Shares owned after the transaction: total beneficial ownership not specified in the excerpt; see the full Form 4 for post-transaction ownership details.
Context Restricted stock awards are compensation that vests over time and do not represent an immediate cash purchase of shares. Because these shares are subject to future vesting, they generally reflect compensation/retention arrangements rather than an insider "buy" signal. For the complete ownership picture and any tax-withholding or other mechanics, refer to the full Form 4 filing (Accession No. 0001026081-26-000002).
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-09+1,455→ 1,455 total
- 400
Common Stock
[F2] - 534
Common Stock
[F3] - 1,200
Common Stock
[F4] - 194,509(indirect: By Seidman and Associates, L.L.C.)
Common Stock
- 133,370(indirect: By Partnership)
Common Stock
- 172,234(indirect: By Partnership)
Common Stock
- 114,199(indirect: By LSBK06-08, L.L.C.)
Common Stock
- 129,711(indirect: By Broad Park Investors, L.L.C.)
Common Stock
- 21,419(indirect: By Chewy Gooey Cookies, L.P.)
Common Stock
- 4,151(indirect: Deferred Compensation Plan)
Common Stock
- 17,346
Common Stock
Footnotes (4)
- [F1]1,455 shares of restricted stock granted on February 9, 2026, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan with 485 to vest on February 7, 2027. 485 will vest on February 7, 2028 and 485 will vest on February 7, 2029.
- [F2]1,600 shares of restricted stock granted on December 30, 2022, pursuant to the 2012 Bankwell Financial Group, Inc. Stock Plan and will vest in four equal annual installments of 25%, with the first installment vesting on January 2, 2024 and an additional 25% to vest on each annual anniversary of the vesting date thereafter. As of the filing date, 1,200 shares have vested.
- [F3]1,600 shares of restricted stock granted on December 29, 2023, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan with 533 vested on February 7, 2025, 533 will vest on February 7, 2026 and 534 will vest on February 7, 2027. As of the filing date, 1,066 shares have vested.
- [F4]1,800 shares of restricted stock granted on February 7, 2025, pursuant to the 2022 Bankwell Financial Group, Inc. Stock Plan with 600 to vest on February 7, 2026. 600 will vest on February 7, 2027 and 600 will vest on February 7, 2028. As of the filing date, 600 shares have vested.